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§ 21-22A-8 NMSA 1978

Fund created; method of payment

Known as the Osteopathic Medical Student Loan for Service Act

The act spans §§ 21–21 (10 sections).

1978 Comp., § 21-22A-8, enacted by Laws 1978, ch. 109, § 8; 1989, ch. 324, § 15; 1991, ch. 262, § 44; 2016, ch. 42, § 6.

There is created in the state treasury the "osteopathic medical student loan for service fund". All money appropriated for loans to osteopathic medical students under the Osteopathic Medical Student Loan for Service Act shall be credited to the fund. All payments of principal and interest on loans made pursuant to that act received by the department shall be deposited with the state treasurer to the credit of the fund or shall be deposited with the department's administrative agent. All payments of funds for loans shall be made upon vouchers signed by designated representatives of the department.

Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.